Artie T Voted Off Board

An attempt at mediating the bitter dispute between Market Basket’s Board of Directors and CEO Arthur T. Demoulas collapsed over the past week, resulting in the board’s vote to remove the company’s longtime leader.

The vote yesterday to remove Demoulas was unanimous.

Demoulas was placed on leave in May when the board accused him of planning a retaliatory work stoppage and hired a law firm to investigate.